Vending machine businesses and independent operators provide vending machines to various locations, such as schools, offices, hospitals, recreation centres, shopping malls, hotels, and other public areas.
They’re stocked with various products, such as snacks, beverages, and other convenience items. These machines typically operate on a self-service basis, allowing customers to purchase items by inserting coins, bills, or credit cards.
Like any business, vending machine businesses face many risks that can impact their operations and financial performance. From malfunctioning machines to product spoilage and theft and vandalism, vending machine operators in Canada need customized insurance to protect their assets and finances.